ICON PLC

Last updated
ICON plc
Company type Public
Nasdaq:  ICLR
Industry
Founded1990;34 years ago (1990) in Dublin, Ireland
Founders
  • John Climax
  • Ronan Lambe
Key people
Steve Cutler (CEO)
ProductsServices for pharmaceutical, biotech and medical device industries
Revenue US$7.741 billion (2022) [1]
Number of employees
41,160 (2023) [1]
Website www.iconplc.com

ICON plc is an Irish headquartered multinational healthcare intelligence and clinical research organisation that provides consulting, clinical development and commercialisation services for the pharmaceutical industry. [2] The company is listed on the Nasdaq stock exchange in the United States, and As of June 2023 had approximately 41,160 employees in 108 locations spread across 53 countries. [1]

Contents

History

ICON was founded in Dublin, Ireland, by John Climax and Ronan Lambe in 1990. [3] Since January 2010, Climax has held a position on the board of directors. Lambe retired from the board of directors in 2018. [4]

Between 1991 and 1996, ICON opened offices in the United Kingdom, United States, Germany, and Japan. [5] Two years later, ICON shares started to be traded on Nasdaq. [6]

In 2013, PRA Health Sciences was acquired by KKR, which listed the company on the Nasdaq in November 2014 and maintained shares until September 2019. [7] In August 2017, the company acquired Conshohocken-based real-world healthcare data, analytics, and technology solutions company Symphony Health for US$530 million. [8] PRA's 2018 revenue was US$2.87 billion. [9] PRA was acquired by ICON on 1 July 2021. [10]

In March 2017, Steve Cutler was appointed Chief Executive Officer of ICON. [11] He had previously been with Quintiles South Africa, Sandoz AG, and Kendle Intl Inc, before joining ICON Clinical Research Services in 2011, and becoming Chief Operating Officer in 2014. [12]

In 2018, ICON won PharmaTimes Clinical Researcher of the Year. [13] ICON enjoyed success in multiple categories at the Clinical Research Organisation leadership awards, [14] consecutively from 2018 - 2023, determined by Life Science Leader magazine and Industry Standard Research (ISR). In 2021, ICON was awarded PharmaTimes Clinical Research Company of the Year, [15] and in 2022, won Best Contract Research Organisation (FSP) [16] at the Scrip Awards.

Acquisitions

See also

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References

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